• Markets
• News

• Alliance Resource Partners LP ARLP.OQ reported quarterly adjusted earnings of 77 cents​​ per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of $1.33. The mean expectation of three analysts for the quarter was for earnings of 93 cents per share. Wall Street expected results to range from 86 cents to $1.01 per share.

• Revenue fell 7.6% to $593.35 million from a year ago; analysts expected $632.34 million.

• Alliance Resource Partners LP's reported EPS for the quarter was 77 cents​.

• The company reported quarterly income of $100.19 million.

• Alliance Resource Partners LP shares had risen by 5.4% this quarter and gained 21.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5.8% in the last three months.​

• In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," "hold" and "sell" or "strong sell."

• The average consensus recommendation for the coal peer group is also "buy"

Wall Street's median 12-month price target for Alliance Resource Partners LP is $27.00

This summary was machine generated from LSEG data July 29 at 04:16 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)